Cryptocurrency news

• Hodler’s Digest, June 18-24: Square Receives the Illusive BitLicense, Bithumb Hacked in this Week of Crypto Ups and Downs

  24-06-2018 23:47 via cointelegraph.com
  NYC Square Cash users are now given a BTC option, a non-profit starts accepting crypto and immediately gets $1,000 ETH — delve more into this week’s adoption wins in the Hodler’s Digest
  
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• Op-Ed: Crypto-Doomsday or Self-Preservation? Takeaways From BIS Central Bank Report

  24-06-2018 23:03
  The “Central Bank of Central Banks” recently released a 24-page report taking a hard stance against the cryptocurrency movement and the mainstream application of the technology. The Bank for International Settlements (BIS) “fosters international monetary and financial cooperation and serves as a bank for central banks,” and presumably the recent crypto-doomsday report was carried out by
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• Polkadot Developer Robert Habermeier Wins Prestigious Thiel Fellowship

  24-06-2018 21:55
  Polkadot developer Robert Habermeier has become the latest cryptocurrency developer to win a prestigious fellowship from the Thiel Foundation, which was founded by PayPal co-founder and bitcoin bull Peter Thiel. Every year, the Thiel Foundation 20 to 25 entrepreneurs under the age of 23 and awards them $100,000 over a two-year period. The foundation encourages its fellows
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• Mike Butcher of TechCrunch: It Is up to the Industry to Get Its Own House in Order

  24-06-2018 21:20 via cointelegraph.com
  Mike Butcher talks to Cointelegraph about the future of the crypto industry, Sci-Fi global currencies and how (not) to pitch at conferences
  
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• Why Tech Darlings Robinhood and Square Don’t Care About Cryptocurrency Profits

  24-06-2018 20:45
  Robinhood, a major stock trading app based in the US, whose valuation surged from $1.5 billion to $6 billion after integrating cryptocurrency, said that the company does not expect to generate large profits in the near future, and the company is fine with it. Vlad Tenev, the co-CEO of Robinhood, said that more than 200,000
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• Coinbase Should Add XRP [And It’s Not a Security]: Ripple CEO

  24-06-2018 19:40
  Brad Garlinghouse, the billionaire CEO at Ripple Labs, the company that oversees the development of XRP, the $18 billion blockchain network, has said for the first time in public that Coinbase should integrate XRP, the native cryptocurrency of the Ripple network. CEO Says Ripple is Clearly Not a Security In an interview with Jeff John
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• Ukrainian Police Arrest Four in Alleged Cryptocurrency Exchange Fraud

  24-06-2018 18:46
  Ukranian Police authorities have arrested four people in connection with running six fraudulent exchanges.t The authorities say that the accused setup exchanges using a custom CMS(content managemenset uptem), and attracted users through review websites, which they had infused with fake positive ratings. The websites the accused deployed are: 1. moneycraft.info 2. wowex.online 3. swapex.net 4.
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• China's Latest Government-Backed Crypto Rankings Put EOS 1st, BTC 17th

  24-06-2018 18:20 via cointelegraph.com
  The second round of China’s monthly crypto ratings has placed EOS in first place, with Ethereum 2nd and Bitcoin 17th
  
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• Why Can DAD with 500 Million Users Reshape the Digital Advertising Industry?

  24-06-2018 18:14
  This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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• Tulips, Bubbles, Obituaries: Peering Through the FUD About Crypto

  24-06-2018 17:40 via cointelegraph.com
  Covering crypto - Tulips, Bubbles, obituaries and other FUD portrayed by mainstream media
  
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• UNNIO Creates a More Equitable Internet

  24-06-2018 16:34
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Content creators and creative workers can be left in lurch by the powers that be online. The Internet is dominated today by giants who make the rules and
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• Open Source Project Particl Partners with Changelly

  24-06-2018 16:27
  This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Private Marketplace Partners With Instant Cryptoexchange Particl, an initiative working on constructing privacy-focused Dapps, has partnered with the crypto exchange Changelly. Ryno Mathee – Lead Developer, Particl commented
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• Wall Street’s Entry into Crypto Sector will Bring in Trillions: Cardano Co-founder

  24-06-2018 15:49
  Charles Hoskinson, co-founder of Cardano and former CEO and co-founder of Ethereum, wrote on Twitter that Wall Street will bring “tens of trillions of dollars” into crypto world in the future. His statement came after all of the cryptocurrencies declined and the cryptocurrency market cap lost $13 billion. What's often missed by the cryptocurrency is going
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• Blockchain International Show: what did experts of the blockchain conference in London discuss?

  24-06-2018 15:37 via crypto-news.net
  On June 6 and 7, leading global blockchain specialists arrived in the capital of the United Kingdom to discuss trends of the crypto world and share the best practices. The reason was Blockchain International Show, the international event dedicated to cryptocurrencies, blockchain, and ICO.
  Guests of Blockchain International Show were entrepreneurs, investors, developers, lawyers, executives of blockchain companies, startupers, traders, and crypto enthusiasts.
  ConferenceThe conference was remarkab
  
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• CNBC’s Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin

  24-06-2018 14:55 via cointelegraph.com
  Bitcoin analyst Brian Kelly points out three major reasons why the current bear market is not a reason to hold a funeral for the cryptocurrency
  
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• EY Launches Blockchain Content Rights Platform in Partnership with Microsoft

  24-06-2018 14:09
  Global leader in advisory services, EY, in partnership with Microsoft announced a blockchain based solution which facilitates content rights and royalties management. To start things off, Microsoft and affiliated game publishers will be using the solution in the gaming industry, although this sort of a solution can be used in multiple industries where intellectual property(IP) or
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• Overwinter Ahead: What Should Happen When Zcash's First Hard Fork Hits

  24-06-2018 13:20
  With its community aligned, Zcash's first hard fork, Overwinter, might not be exciting. But as always, you never really rule out a blockchain split.
  
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• Liechtenstein’s Blockchain Law, Crypto Banking and ICOs, Interview With Prime Minister

  24-06-2018 13:00 via cointelegraph.com
  The Prime Minister of Liechtenstein is certain that blockchain will have an impact on a variety of areas — exclusive interview
  
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• Crypto Tourism Is Growing – For Better or Worse

  24-06-2018 12:30
  From luxury cruises to Middle East startup tours, crypto enthusiasts are traveling the world, but it's not always seen in a positive light.
  
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• Cryptocurrency Market Drops to $241 Billion, EOS Takes a Huge Beating

  24-06-2018 11:28
  From $260 billion to $241 billion, the valuation of the cryptocurrency market has dropped by over $19 billion in the past 24 hours, as major cryptocurrencies including bitcoin, Ethereum, Ripple, Bitcoin Cash, and EOS fell by large margins. For a third day in a row, EOS, the delegated proof-of-stake (PoS) network based on the Ethereum
  The post Cryptocurrency Market Drops to $241 Billion, EOS Takes a Huge Beating appeared first on CCN
  
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• EU Starts Monitoring Cryptocurrency, OANDA Price Revealed: Best of the Week

  24-06-2018 10:41
  Catch up on last week's top stories.
  
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• Mt. Gox Will Compensate $1 Billion in Bitcoin, But Will Not Sell Until 2019

  24-06-2018 10:00 via newsbtc.com
  The Mt.Gox debacle, originating from the devastating 800,000 Bitcoin hack in 2014, continues, with recent court documents showing that creditors may finally get the money and Bitcoin they deserve.
  Civil Rehabilitation Process Finally Begins
  Mt.Gox is undoubtedly the cryptocurrency exchange with the most amount of notoriety, suffering the first notable Bitcoin hack, losing over 800,000 Bitcoin. Since the hack, legal battles have raged between the exchange and its creditors, the thousands of users
  
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• Tether has $3 Billion Daily Volume 76% Higher Than Ethereum, Bad Market Condition

  24-06-2018 08:30 via newsbtc.com
  Tether, better known for its ticker USDT, is a cryptocurrency whose value is hedged to that of the US dollar. As of June, the daily trading volume of Tether remains above $3 billion, 7 percent higher than the volume of Ethereum.
  Merely months ago, Ethereum had the second highest daily trading volume at around $3 billion, while the volume of bitcoin remained above $5 billion. Amidst the third worst correction in the history of the cryptocurrency market, the daily trading volume of bitcoin has fal
  
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• Bitcoin Price Weekly Analysis: BTC/USD Bearish Below $6,000

  24-06-2018 08:30 via newsbtc.com
  Key PointsBitcoin price is currently trading in a bearish zone below the $6,250 support against the US Dollar.
  There is a crucial bearish trend line formed with resistance near $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
  The pair is currently trading below the $6,000 level and it could extend declines towards $5,600.Bitcoin price is in a super bearish zone below $6,250 against the US Dollar. BTC/USD is currently at a risk of more losses towards the $5,600 level.
  Bitc
  
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• Bitcoin Price Hits 2018-Low at $5,825, Where Will it Bottom Out?

  24-06-2018 08:20
  The bitcoin price has dipped below the $5,900 mark, after initially dipping below the $6,000 mark on June 23. Subsequent to four consecutive sell-offs as shown in the 1-hour bitcoin price chart below, BTC officially fell to a yearly low. On February, the bitcoin price recorded a major drop from around $8,000 to the lower
  The post Bitcoin Price Hits 2018-Low at $5,825, Where Will it Bottom Out? appeared first on CCN
  
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• Official: Nano Wallet Experiences Multiple Security Scares

  24-06-2018 07:03 via newsbtc.com
  Nano, the cryptocurrency focused on instant and feeless transactions, has had a recurring problem with unexpected technical errors. The recent release of the official Nano wallet was no exception, as developers found a bug that threatened the security of user’s funds.
  Nano Team: “IMMEDIATELY MOVE YOUR FUNDS TO ANOTHER WALLET”
  June 21st came with the release of the long-awaited Nano wallet, with prices rising by over 10% within 24 hours. The Nano wallet quickly skyrocketed to th
  
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• EOS Getting Beat Up as Crypto Markets Fall to New 2018 Low

  24-06-2018 07:01 via newsbtc.com
  FOMO Moments
  Bitcoin is below $6k and altcoins getting hit harder – EOS, Litecoin, Cardano and Ontology all suffering heavily.
  Following another week of heavy losses crypto markets have broken below $250 billion and are poised to head further south. Many speculate that Bitcoin will go down to around $5,000 where it will find support before heading back upwards again. The bottom line is that speculation is all this really is and nobody truly knows how low this bearish market will take us. B
  
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• Ethereum Price Weekly Analysis: ETH/USD Back in Downtrend

  24-06-2018 07:00 via newsbtc.com
  Key HighlightsETH price is under pressure and it could decline further below $448 in the near term against the US Dollar.
  There is a significant bearish trend line formed with resistance near $510 on the 4-hours chart of ETH/USD (data feed via Kraken).
  The pair is likely to extend its decline as long as the price is below the $510 level.Ethereum price is declining versus the US Dollar and Bitcoin. ETH/USD remains at a risk of more losses below the $460 and $450 levels.
  Ethereum Price Resistance
  
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• Bitcoin Cash Price Weekly Analysis: BCH/USD Extending Losses

  24-06-2018 06:08 via newsbtc.com
  Key PointsBitcoin cash price broke many supports and traded below $800 against the US Dollar.
  There is a crucial bearish trend line in place with resistance near $820 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).
  The pair is likely to continue its decline as long as it is below $850 and $900 resistance levels.Bitcoin cash price declined heavily below $900 against the US Dollar. BCH/USD may perhaps accelerate declines towards the $700 level in the near term.
  Bitcoin Cash Price
  
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• Swiss National Bank is Skeptical of National State-Issued Crypto

  24-06-2018 05:17 via newsbtc.com
  Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies.Thomas Moser: “Enthusiasm Has Slowed” For National Crypto
  While at a cryptocurrency conference in Zug, Switzerland, the representative of the bank gave a Business Insider journalist an inside look at government sentiment regarding the current cryptocurrency market.
  Thomas Moser, an alternate membe
  
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• TrustToken Receives $20 Million in Funding Round

  24-06-2018 00:09
  TrustToken, the company behind the TrueUSD stablecoin, has raised $20 million in a strategic funding round from Andreessen Horowitz, BlockTower Capital, Danhua Capital, GGV Capital, and other parties. CEO Danny An told CNN: “The most recent round will support the development of the TrustToken asset tokenization platform, for assets that may include currencies, equities, real
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